MD mayor under fire for pushing immigrant ‘legal advocacy fund’ to rebuff Trump-Homan agenda
The mayor of Maryland's second-largest city calls for the creation of a taxpayer-funded “legal defense fund” to protect immigrants “who may be harmed by the new (Trump) administration's policies.” After announcing the plan, it caused an uproar. Democratic Mayor Michael O'Connor of Frederick said of how President-elect Donald Trump would treat immigrants, “his first term […]
Head of Ohio's teacher pension fund retires Sunday, saying fund is strong despite staff vacancies – The Associated Press
COLUMBUS, Ohio (AP) — Ohio University chief to step down Retirement benefit system for problematic teachers Despite the turmoil at the top, which her successor will inherit, she said she is leaving the fund in a strong financial position. In a recent interview with The Associated Press, Acting Executive Director and Chief Financial Officer Lynn […]
DNC Union Creates ‘Relief Fund’ for Staffers Laid Off After Kamala Harris Election Loss
Many of the Democratic National Committee (DNC) employees are disgruntled by their recent firings, and the union representing them is furious at their treatment. Unions supporting DNC members are working to raise money for unemployed workers following the loss of Vice President Kamala Harris (Democratic) to now-President-elect Donald Trump (Republican). reported Fox News. reported on […]
Trump to name hedge fund manager Scott Bessent to head Treasury Department
President-elect Donald Trump reportedly plans to nominate hedge fund manager Scott Bessent to head the Treasury Department. numerous sauce. Bessent, 62, founded the macro fund Key Square Group in 2015 and is openly gay. “I was totally rooting for President Trump. I was one of the few people on Wall Street who supported him.” President […]
Citadel founder Ken Griffin says he’s open to selling stake in hedge fund
Citadel founder Ken Griffin said Thursday that he is open to selling a small stake in the hedge fund at some point in the future. At an event hosted by the New York Economic Club, Griffin said a deal that would sell a minority stake in his market maker Citadel Securities to Sequoia and Paradigm […]
House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery
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Banks to fund EVs, efficient homes and SMEs – DAWN.com
ISLAMABAD: As the government seeks greater financial inclusion, the banking industry has offered loans to efficient homes, electric vehicles and small and medium-sized enterprises, conditional on improved availability of consumer scorecard data. At a meeting chaired by Finance Minister Mohammad Aurangzeb, the banking industry sought support from utilities, particularly gas, electricity and telecom companies. These […]
MicroStrategy Taps Stock Market to Fund Record Bitcoin Buy – Yahoo Finance
(Bloomberg) — MicroStrategy Inc. has purchased a record $4.6 billion in Bitcoin, fulfilling a plan announced last month to use capital markets to accelerate purchases of cryptocurrencies. Most Read Articles on Bloomberg The enterprise software maker has included the purchase of digital assets in its corporate strategy, acquiring approximately 51,780 Bitcoin between Nov. 11 and […]
Post Office to close 115 branches and cut jobs to fund subpostmaster pay rise | Post Office
The Post Office says it plans to close 115 branches, putting around 2,000 jobs at risk, as part of plans to increase postal workers' pay by £250m over the next five years. The Post Office confirmed on Wednesday that it was looking to abolish the 115 branches it currently centrally owns, known as Crown Post […]
Country star Darius Rucker donates to ETSU’s NIL fund after ‘awkward’ appearance at football game
Country music star Darius Rucker has donated nearly $3,000 to the East Tennessee State Buccaneers' name, image, and likeness (NIL) fund after attending a football game that he deemed “awkward.” . Rucker's famous song “Wagon Wheel” is a national staple, especially with versions of the song played at ETSU games. The reason is that Mr. […]